Revisiting Schumpeter’s Theory of Economic Development in the Twenty-First Century—Brief Guide to a Personal Research Agenda

Michael Peneder ()
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Michael Peneder: Austrian Institute of Economic Research, WIFO

A chapter in Schumpeterian Legacy in Modern Times, 2026, pp 253-275 from Springer

Abstract: Abstract To mark the 40th anniversary of the ISS, this chapter outlines the origins and select findings of my evolutionary-structuralist research. In my quest for a contemporary interpretation of Schumpeter's theory of economic development, the research agenda has focused on the following topics in particular: entrepreneurial competition, venture finance and the non-neutrality of money, the inverted-U relationship between innovation and competition, technology adoption in green tech and platforms, structural change and growth and a typology of evolutionary economic policy. The findings demonstrate the relevance of many of Schumpeter's foundational insights to contemporary challenges of technological, economic and social transformation.

Date: 2026
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Persistent link: https://EconPapers.repec.org/RePEc:spr:eccchp:978-3-032-26294-3_14

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DOI: 10.1007/978-3-032-26294-3_14

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